Russia's economy is down but not out
Published: 6/23/2025

Despite facing severe sanctions and global scrutiny post its invasion of Ukraine, Russia's economy showed resilience, outpacing G7 nations in growth in 2024. However, challenges like high inflation, worker shortages, and decreased oil revenues have begun to strain the economy. Economists warn of a looming recession, while impacts on sectors like technology and infrastructure are becoming evident, prompting concerns about long-term economic sustainability and growth diversification. The country's ability to sustain its military efforts amid economic constraints remains a point of interest amidst global economic uncertainties.